Timken Acquires Diamond Chain

May 6, 2019

The Timken Co. has acquired the Diamond Chain Co., a leading supplier of high-performance roller chains for industrial markets. “The acquisition of the Diamond Chain adds another strong industrial brand with a reputation for quality, reliability and performance to Timken’s growing power transmission portfolio,” said Richard G. Kyle, Timken president and CEO. “Diamond Chain is a premier brand in the North American distribution channel and is an excellent strategic fit with our Drives chain business. The acquisition expands our leadership in roller chain, builds on our strong position in distribution and adds depth to our manufacturing capabilities in Asia. We expect to drive significant synergies with the combination of Diamond Chain and Drives.”Read More

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